Walgreens Closing More Stores in 2025—3 Texas Locations Affected
HOUSTON, Texas (KPEL News) – A major retail and pharmacy brand is working on another round of store closures, and Texas will see a couple of stores close as part of the new wave.
Walgreens, which has been the subject of numerous closures in recent years—largely due to retail theft in certain major urban areas—announced that it would be closing roughly 1,200 stores over the next three years, with 500 of those closures coming in 2025.
Why Is Walgreens Closing So Many Stores?
In a public statement, Walgreens said it was seeing losses, with several stores "not currently contributing to our long-term strategy," Tim Wentworth, Chief Executive Officer, Walgreens Boots Alliance, said.
He went on to explain how the company would be moving forward.
“Our financial results in the fiscal fourth quarter and full year 2024 reflected our disciplined execution on cost management, working capital initiatives and capex reduction," Wentworth explained. "In fiscal 2025, we are focusing on stabilizing the retail pharmacy by optimizing our footprint, controlling operating costs, improving cash flow, and continuing to address reimbursement models to support dispensing margins and preserve patient access for the future."
In short: There are some tough times coming, but the company has a plan to get back on track.
What Texas Stores Are Closing?
Despite there being many locations across the state of Texas, the good news is that very few are actually closing here.
In all, three stores in Texas are closing as part of the current wave of shuttering stores:
- 5300 N Braeswood Blvd, Houston, TX 77096
- 4847 Slide Rd, Lubbock, TX 79414
- 9705 Spencer Hwy, La Porte, TX 77571
The website GoBankingRates has provided a full list of stores that have closed so far, which includes the stores referenced above.
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Gallery Credit: Rudy Fernandez
